International business in Turkey: an experiencial learning method / Maznah Wan Omar and NazirulMubinbin Mohd Noor
The Turkish economy has followed a roller-coaster ride in the past several decades. Following an anemic performance with severe imbalances in the 1990s and a debilitating financial crisis in 2001. An Experiential learning method used through a survey conducted in two cities in Turkey, which is Istan...
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Main Authors: | , |
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Format: | Book Section |
Language: | English |
Published: |
Faculty of Business and Management
2019
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Subjects: | |
Online Access: | https://ir.uitm.edu.my/id/eprint/47658/1/47658.pdf https://ir.uitm.edu.my/id/eprint/47658/ |
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Institution: | Universiti Teknologi Mara |
Language: | English |
Summary: | The Turkish economy has followed a roller-coaster ride in the past several decades. Following an anemic performance with severe imbalances in the 1990s and a debilitating financial crisis in 2001. An Experiential learning method used through a survey conducted in two cities in Turkey, which is Istanbul and Bursa for a period of two weeks. Systematic review method used to enhance the collected materials. Turkey enjoyed five years of rapid economic growth, with GDP per capita increasing at almost 6% per annum – its highest ever rate since the 1960s – accompanied by structural changes, productivity growth and a broadening base of economic activity, both geographically and socially. From about 2007 onwards, however, economic growth slowed significantly, and productivity growth stagnated for all practical purpose. |
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